One place to run every proactive tax strategy — standardized, audit-ready, and fast. Pick a strategy to build a client's plan and document packet.
Employ your children for real, age-appropriate work — shift income into their near-zero bracket while wages stay deductible to the business.
● LiveRent your home to your business for up to 14 days a year — the rent is tax-free to you and deductible to the business.
In progressReimburse the business-use portion of the home under a written accountable plan — deductible to the business, tax-free to the owner.
PlannedAccelerate depreciation on real estate with a cost-seg study and bonus depreciation to front-load deductions against income.
PlannedCapture and substantiate deductible business meals and travel with a contemporaneous log the IRS will accept.
PlannedRight-size entity structure and reasonable owner compensation to cut self-employment and payroll tax.
Planned